Sphinx Resources Ltd V.SFX.H

Metals & Mining Industrial Metals & Minerals

Sphinx Resources Ltd is a Canada-based mineral exploration company. The Company is focused on its activities in Quebec in search of deposits of precious metals, including gold, silver, palladium and platinum, and base metals, including copper, zinc and lead. The Calumet-Sud project consists of 21 claims totaling approximately 12.1 square kilometers (km2). It is located in the manicouagan regional county (MRC) Pontiac of southwestern Quebec. The GP project includes 74 claims, which occupy an area of approximately 41 km2 and is located in the MRC Pontiac in southwestern Quebec. The Calumet-Nord project consists of 42 claims an area of approximately 24.5 km2 and is immediately adjacent to the north and east of the former New Calumet mine. The Patrie project is composed of 34 mining titles covering an area of approximately 19.90 km2. The Soufflot project consists of 35 mining titles covering an area of approximately 19.95 km2.

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Sphinx Resources Ltd > Wow vs Reality!

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Comment by SOBARSon Mar 29, 2021 10:07am

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Post# 32897655

RE:Wow vs Reality!

From Sept 2020 NR. Reality.

he Insiders' participation for $25,000 is exempt from the formal valuation and minority shareholder approval requirements provided under Regulation 61-101 respecting Protection of Minority Security Holders in Special Transactions ("Regulation 61-101") in accordance with sections 5.5(a) and 5.7(1)(a) of Regulation 61-101. The exemption is based on the fact that neither the fair market value of the private placement, nor the consideration paid by such Insiders exceeds 25% of the market capitalization of the Corporation.

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